ACEME Newswire

For up-to-the-minute news on everything from market futures to new partnerships, from product launches to new appointments and approvals, CEM’s Newswire has the information you’ve been looking for.

You are here: Home › Newswire

ACEME Newswire

Wynn Resorts Announces Agreement in Pennsylvania

Wynn Resorts, Limited announced today that it had entered into a letter of intent with Philadelphia Entertainment and Development Partners, LP, providing that an affiliate of Wynn will become the manager and managing general partner in the PDEP casino project slated for the Philadelphia waterfront. The agreement is subject to the satisfaction of certain conditions including the approval of the Pennsylvania Gaming Board.

read more
GCA Renews Contract with Wynn Las Vegas

Global Cash Access Holdings, Inc., a global provider of innovative cash access solutions and data intelligence for casinos, today announced that GCA has signed a five year renewal contract with Wynn Las Vegas, which includes both the Wynn and Encore resort casinos in Las Vegas.

read more
Global Cash Access Reports Q4 and FY 2009 Results, Announces Program

For the quarter ended December 31, 2009, revenues were $148.8 million, a decrease of 15.6% over the $176.3 million in revenues recorded in the same quarter last year. Revenues during the quarter were adversely impacted by the continued weakness in the gaming sector and consumer revolving credit. As a result of the weaker than expected revenue, operating income and cash earnings per share from continuing operations were down 13% and 11%, respectively.

read more
Marina Bay Sands to Open April 27, 2010

Las Vegas Sands Corp. announced it plans to open the first phase of its $5.5 billion Marina Bay Sands development on April 27, 2010. Arguably one of the world's most challenging construction projects and certainly the most expensive stand-alone integrated resort property ever built, Marina Bay Sands will immediately go to work by hosting its first event, the Inter-Pacific Bar Association's annual conference, just days after opening its doors.

read more

AGEM Announces Four New Members

The Association of Gaming Equipment Manufacturers (AGEM) announced today that its Board of Directors has approved the membership applications of four new companies, bringing the trade group comprised of the world’s leading gaming suppliers to a total of 90 members. The new AGEM members are Diamond Casino Products, Gaming Capital Group, Lucky Line Ltd. and Quixant Ltd.

read more
Missouri Sees Casino Revenue Growth in 2009

The Missouri casino industry was a bright spot in an otherwise dull economy in 2009, generating $469,039,036 million in tax revenue to the State of Missouri and the communities where casinos are located. Gaming tax revenue to the state and local communities in 2009 grew by $28,798,613 over 2008, a 6.5 percent increase according to Mike Winter, executive director of the Missouri Gaming Association.

read more
Weike Gaming Announces Sales Team Re-Organization

Weike Gaming Technology, Singapore’s only local slot machine developer and manufacturer, announced changes in the structure of its Sales department.

read more
Sands Bethlehem Looks to Add Table Games as Early as This Summer

Sands Casino Resort Bethlehem, a subsidiary of global resort developer Las Vegas Sands Corp., submitted an application today to the Pennsylvania Gaming Control Board which, if approved, would allow the property to add approximately 80 table games to its existing casino floor.

read more
Scientific Games Announces Earnings Release and Investor Call

Scientific Games Corporation announced that it will release its financial results for the fourth quarter and year ended December 31, 2009 prior to the market open on March 1, 2010. The Company will host a conference call at 8:30 AM Eastern Standard Time, which will include management's discussion of these results and an opportunity to ask questions.

read more
Missouri Casinos Generate More Than $469 Million for Communities

The Missouri casino industry was a bright spot in an otherwise dull economy in 2009, generating $469,039,036 million in tax revenue to the State of Missouri and the communities where casinos are located. Gaming tax revenue to the state and local communities in 2009 grew by $28,798,613 over 2008, a 6.5 percent increase according to Mike Winter, executive director of the Missouri Gaming Association.

read more